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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Intel Corporation | NASDAQ:INTC | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.34 | 0.99% | 34.80 | 34.80 | 34.81 | 34.45 | 33.835 | 34.36 | 28,358,784 | 00:21:48 |
Intel Corporation announced that the upside trigger on its 2.95 percent junior subordinated convertible debentures, which were issued in 2005 and are due 2035 (CUSIP No. 458140AD2) (the "Notes"), has been met for the six-month interest payment period from June 15, 2017 to Dec. 15, 2017. As a result, contingent interest will be paid on the Notes for that six-month interest payment period. Contingent interest of approximately $4 million in the aggregate on the $1.6 billion outstanding principal amount of the Notes, or approximately $2.50 per $1,000 principal amount of the Notes, will be paid on Dec. 15, 2017, to the holders of record as of Dec. 1, 2017.
About Intel
Intel (NASDAQ: INTC) expands the boundaries of technology to make the most amazing experiences possible. Information about Intel can be found at newsroom.intel.com and intel.com.
Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170616005612/en/
Intel CorporationTrey Campbell, 503-696-0431Investor Relationstrey.s.campbell@intel.comorCara Walker, 503-696-0831Media Relationscara.walker@intel.com
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